Tax refund amount changed

[exechefjeff]

I filed electronically in mid-February both federal and state taxes. Both were received and accepted. I received my state refund in about 3 weeks. I went in again in late March to check my federal return, and the amount had grown by about $ 1,100.00. I am led to believe it was due to the fact  that the federal government was re-calculating the tax on state unemployment compensation. I was further led to believe that was the reason for the extensive delay in processing my federal return. I finally received it the last week of June ( 4 months) and the amount was the original amount (plus about $ 7 for interest?). What about the $ 1,100.00 that Turbo Tax indicated I was due? Do I need to file an amended return? Do I need to reach out to the IRS? Turbo Tax, what do I do to receive the additional refund you claim I am due? Thank you......a loyal customer for over 15 years, feeling like I'm standing on shaky ground.

[xmasbaby0]

The IRS began to send out the additional refund checks for tax withheld from unemployment in May.  The refunds are being sent out in batches—starting with the simplest returns first.   If you are eligible for the extra refund for federal tax that was withheld from your unemployment the IRS will be sending you an additional refund sometime during the next several months.  TurboTax cannot track or predict when it will be sent.  The IRS has not provided a way for you to track it, so all you can do is wait for the refund to arrive.

https://ttlc.intuit.com/community/tax-topics/help/how-do-i-get-the-new-unemployment-benefits-if-i-ve...

Please read this very recent news from the IRS:

https://www.irs.gov/newsroom/irs-to-recalculate-taxes-on-unemployment-benefits-refunds-to-start-in-m...

https://www.irs.gov/newsroom/irs-begins-correcting-tax-returns-for-unemployment-compensation-income-...

https://ttlc.intuit.com/community/tax-credits-and-deductions/help/am-i-eligible-for-a-new-credit-or-...

https://www.irs.gov/newsroom/2020-unemployment-compensation-exclusion-faqs

https://www.irs.gov/faqs/irs-procedures/forms-publications/new-exclusion-of-up-to-10200-of-unemploym...

You *might* need to amend your state return for unemployment that was taxed by your state.

https://ttlc.intuit.com/community/state-taxes/help/do-i-need-to-amend-my-state-return/00/2134732

https://www.kiplinger.com/taxes/state-tax/602307/taxes-on-unemployment-benefits-a-state-by-state-gui...

https://www.kiplinger.com/taxes/602542/irs-sending-more-unemployment-tax-refund-checks-in-june?rid=E...